002498.SZ
Price:
$6.67
Market Cap:
$22.19B
Qingdao Hanhe Cable Co., Ltd., headquartered in Qingdao, People's Republic of China, is a company primarily focused on the research, development, manufacturing, and distribution of various cables and wires, predominantly serving the domestic Chinese market. Its extensive product line encompasses a wide range of cable types, such as power cables, submarine cables (including optical fiber composite), communication and data cables, radio-frequency cables, electrical equipment wires, and overhead conductors. The company also specializes in application-specific cables for demanding environments, including nuclear plants, shipboard use, mining, oil platforms, and wind farms, as well as fire-resist...[Read more]
Industry
Electrical Equipment & Parts
IPO Date
2010-11-09
Stock Exchange
SHZ
Ticker
002498.SZ
According to Qingdao Hanhe Cable Co.,Ltd’s latest financial reports and current stock price. The company's current PE Ratio is 42.63. This represents a change of 57.67% compared to the average of 27.04 of the last 4 quarters.
The mean historical PE Ratio of Qingdao Hanhe Cable Co.,Ltd over the last ten years is 24.22. The current 42.63 PE Ratio has changed 17.50% with respect to the historical average. Over the past ten years (40 quarters), 002498.SZ's PE Ratio was at its highest in in the December 2017 quarter at 88.94. The PE Ratio was at its lowest in in the June 2021 quarter at 6.39.
Average
24.22
Median
22.77
Minimum
16.95
Maximum
39.58
Discovering the peaks and valleys of Qingdao Hanhe Cable Co.,Ltd PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 25.53%
Maximum Annual PE Ratio = 39.58
Minimum Annual Increase = -55.54%
Minimum Annual PE Ratio = 16.95
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | 21.28 | 25.53% |
| 2024 | 16.95 | -3.98% |
| 2023 | 17.65 | 1.35% |
| 2022 | 17.42 | -22.52% |
| 2021 | 22.48 | -2.50% |
| 2020 | 23.06 | -0.42% |
| 2019 | 23.15 | -16.13% |
| 2018 | 27.61 | -30.25% |
| 2017 | 39.58 | 19.66% |
| 2016 | 33.08 | -55.54% |
The current PE Ratio of Qingdao Hanhe Cable Co.,Ltd (002498.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
18.63
5-year avg
19.15
10-year avg
24.22
Qingdao Hanhe Cable Co.,Ltd’s PE Ratio is greater than Jiangxi Special Electric Motor Co.,Ltd (-30.74), greater than Henan Tong-Da Cable Co., Ltd. (19.40), less than Jinlongyu Group Co., Ltd. (118.61), greater than Henan Pinggao Electric Co.,Ltd. (22.31), greater than Jiangsu Zhongtian Technology Co., Ltd. (36.68), less than Far East Smarter Energy Co., Ltd. (333.81), greater than Ningbo Orient Wires & Cables Co.,Ltd. (19.59),
| Company | PE Ratio | Market cap |
|---|---|---|
| -30.74 | $15.94B | |
| 19.40 | $4.68B | |
| 118.61 | $9.19B | |
| 22.31 | $26.34B | |
| 36.68 | $118.94B | |
| 333.81 | $36.38B | |
| 19.59 | $26.05B |
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